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    Established Auto Repair Business Opportunity Title is generated by Realmo AI

    7 Colonel Dr Bourne, Buzzards Bay, MA 02532

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    Claim this Listing
    For Sale
    $1,995,000

    Turnkey auto repair business with prime location and highway access.

    Property size:
    5,480 SF
    Price / SF:
    $364/SF
    Added:
    May 15, 2026
    Days on Market:
    15
    Last Refresh:
    May 15 at 9:23 pm

    Property Features for 7 Colonel Dr Bourne

    General Information

    Standard status
    Active
    Size
    5,480 SF

    Building Details

    Year Built
    1989

    We can help!

    Listing Contact
    Leanne McCormick

    Listing agent Leanne McCormick

    Listing office

    Listing date May 15, 2026

    Source Milestonerealtyinc

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Leanne McCormick

    HighLights

    • Turnkey, long‑established auto‑repair business (30+ years) with immediate income potential.
    • Prime location near Bourne Bridge with excellent visibility and highway access.
    • Fully equipped with all systems and infrastructure for immediate operation.
    • 2008 Morton building addition featuring advanced oil reclamation, air filtration, and exhaust systems.
    • Flexible layout supports continued auto use, leasing bays, or commercial/industrial condo conversion.
    • Independently equipped bays with lifts, lighting, and dedicated utilities.

    Overview

    This is a turnkey opportunity to acquire a long-established specialty auto-repair business with over 30 years of proven performance. S.E.L. Foreign Auto Repairs is offered fully equipped with all systems and infrastructure in place for immediate operation, making it ideal for an owner-operator or investor seeking stable, day-one income. The property benefits from a prime location near the Bourne Bridge on the route to Woods Hole, providing excellent visibility and highway access. The facility is well-designed, including a 2008 Morton building addition with oil reclamation, air filtration, and exhaust systems. Each bay is independently equipped with lifts, lighting, and dedicated utilities, allowing for single use or division into multiple units. The flexible layout supports continued auto use, leasing bays, or potential commercial/industrial condo conversion. The property includes a reception area, waiting area, private office, ample storage, and an adaptable retail/delivery bay. The property size is 5480 square feet.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $164.4k $30.00
    − Vacancy −$3.6k −$0.66
    EGI $160.8k $29.34
    − OpEx −$48.2k −$8.80
    NOI $112.5k $20.54
    5,480 SF · lease $30.00/SF/yr · vacancy 2.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.61M
    $1.41M – $1.88M (±1% cap)
    NOI $112,548 @ 7.0% cap · market cap 5.64%
    Second Best
    Industrial
    $1.13M
    $989.1K – $1.32M (±1% cap)
    NOI $79,129 @ 7.0% cap · market cap 3.97%
    Theoretical Best
    Office A
    $2.23M
    $1.95M – $2.61M (±1% cap)
    NOI $156,319 @ 7.0% cap · market cap 7.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    S.E.L. Foreign Auto, ... Auto Repair Shop Seapoint Trade (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Angels Touch Auto Body & Detail — 148 MacArthur Blvd, Bourne, MA 02532
    • Atlantic Subaru Service Center — 124 Waterhouse Rd, Bourne, MA 02532
    • S.E.L. Foreign Auto, LTD — 7 Colonel Dr, Bourne, MA 02532
    • Falmouth Toyota Service Department — 290 MacArthur Blvd, Bourne, MA 02532
    • Falmouth Toyota — 290 MacArthur Blvd, Bourne, MA 02532

    Location Insight

    • Map
    • Local Demand
    City
    Buzzards Bay
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.5868519
    Latitude
    41.7320191

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    FAQs

    What type of property is this?
    Auto shop - Turnkey auto repair business with prime location and highway access.
    Where is this auto shop located?
    The property is located at 7 Colonel Dr Bourne Buzzards Bay, MA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: Turnkey, long‑established auto‑repair business (30+ years) with immediate income potential.; Prime location near Bourne Bridge with excellent visibility and highway access.; Fully equipped with all systems and infrastructure for immediate operation.
    (508) 501-1443
    We can help!
    Listing Contact
    Leanne McCormick
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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